Banking
For deposit-taking institutions, including full banks, wholesale banks, merchant banks and finance companies.
MAS regulates financial institutions in the banking, capital markets, insurance and payments sectors. View the regulations and licensing requirements for your sector.
MAS is the integrated regulator and supervisor of financial institutions in Singapore.
MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices. Guidelines have also been formulated to encourage best practices among financial institutions. Combined with close supervision, these instruments help MAS achieve the outcome of a sound and progressive financial services sector.
Requirements for banks on the issuance and safekeeping of negotiable certificates of deposit and bearer securities.
This circular sets out MAS’ observations and expectations from inspections of licensed venture capital fund managers.
Sets out the best practices that managers, approved trustees, VCC directors and VCC custodians of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes.
This circular reminds all financial institutions (FIs) to stay vigilant to the ML/TF risks in wealth management sector, and sets out MAS’ expectations for FIs to review its existing controls to ensure that they remain adequate to mitigate the ML/TF risks from high growth areas. In conducting its review, FIs should take into account the additional information provided in this circular as well as previous MAS guidance that was issued to the industry.
Provides guidance on the regulatory scope of the Trust Companies Act, including licensing and reporting requirements for licensed trust companies, exempt trust companies and exempt persons providing trust services.